Henderson succeeds the current non-executive chairman Tan Sri Abu Sahid Bin Mohamed.

The company noted that the new appointment reflects the continuing focus of the company on its important tenements in northern Sweden, particularly the Viscaria Copper Project.

Crispin Henderson has more than 45 years of experience in the financial services and fund management sectors, primarily with PricewaterhouseCoopers and Threadneedle
Investments since 2002. Henderson is based in London and is currently the vice chairman of Ameriprise Global Asset Management, the parent company of Threadneedle

Avalon Minerals said that with an extensive background and experience in global asset and fund management, Henderson’s credentials will add considerable depth to the diversity of skills on the company’s Board and also contribute to high standards of governance.

Avalon Minerals managing director Jeremy Read expressed pleasure welcoming Henderson to the company’s board.

"With his extensive financial and investment experience, he is very well qualified to chair the Board, assist with our strategy to develop European investment and provide a significant contribution at Board level," added Read.

The company meanwhile thanked Sri Abu Sahid Bin Mohamed for his support in the company’s transformation.

"On behalf of the Board, I would also like to thank our outgoing non-executive Chairman, Tan Sri Abu for his outstanding contribution, his leadership and his continued support of Avalon. His efforts have been greatly appreciated," noted Read.